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$461,600
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Property Description
3-unit mixed-used rental complex located in Quail Valley, Menifee. Two 3-bedroom 2-bath units, and one commercial front with three office spaces and one restroom Septic system (new) for adjoining units. Fixer, being s converted from a 4-unit apartments to a 3-unit mixed used. Construction permits expired, need to re-submit.
Two lots are included in this sale: lot 35 with the building on it, and lot 34 next to it (at 23950 Norma Dr) with the septic system. The total lot size is 10,454 sq ft combined.
Sold As-ls. Buyer/Buyer Agent to verify all information. Information in this ad is deemed rellable but not guaranteed. Seller financing available.
Full Property Details
Full Property Details for 23960 Norma Dr
General
- Sold For: $461,600
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV24253850
- Added to Site: 504 day(s) ago
Rooms
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Pool Description: None
Location
- Area: 699 - Not Defined
- County: Riverside
- Development Name: 699 - Not Defined
- Driving Directions: Goetz Road Left on Norma
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
Utilities
- Sewer: Engineered Septic System
- Water: Public
- # Water Meters: 1
- # Electric Meters: 3
Structural Information
- Roof: Shingle
- Entry Location: Front/Side/Back
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,695
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.12
- Lot Size Source: Assessor
- Zoning: C-1/C-P
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $171.28
- Price Per Unit: 166667
Listed by Stanfles Realty, Mathieu Schmitt
Sold by Legacy Homes Realty, Gaurav Baweja
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Schools
Schools serving 23960 Norma Dr
School Districts:Menifee Union Elementary School District, Perris Union High School District
| Name | Grades | Distance |
|---|---|---|
Quail Valley Elementary School, Menifee, CA 23757 Canyon Heights Dr., Menifee, CA 92587 | K-5 | 0.4 mi |
Hans Christensen Middle School 27625 Sherman Road, Menifee, CA 92586 | 6-8 | 3.6 mi |
Pinacate Middle School 1990 South A Street, Perris, CA 92570 | 7-8 | 4.3 mi |
Paloma Valley High School 31375 Bradley Road, Menifee, CA 92584 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 23960 Norma Dr
Date
Details
Price
Change
Source
8/06/2025
Sold
$461,600
-7.68%
MLS
5/28/2025
Price Reduced
$500,000
-5.66%
MLS
2/15/2025
Price Reduced
$530,000
-7.02%
MLS
12/25/2024
Listed
$570,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
23960 Norma Drive, Menifee, CA 92587 (MLS# CV24253850) is a Multi-Family property that was sold at $461,600 on August 06, 2025. Want to learn more about 23960 Norma Drive? Do you have questions about finding other Multi-Family real estate for sale in Menifee? You can browse all Menifee real estate or contact a Coldwell Banker agent to request more information.

